Bharat Electronics Forms 50:50 Joint Venture with France's Safran for Advanced Weaponry

• State-owned Bharat Electronics Ltd (BEL) has signed an agreement with French defense major Safran to form a joint venture for the manufacturing of the HAMMER (Highly Agile Modular Munition Extended Range) precision-guided air-to-ground weapon system in India.
• This collaboration is expected to significantly enhance India's defense manufacturing capabilities and reduce reliance on imports for this class of weaponry.

Adani Enterprises Rights Issue Opens for Subscription

• The ₹25,000-crore rights issue of Adani Enterprises commenced on November 25, 2025, offering shares to existing investors at a discounted price of ₹1,800 per share.
• The funds are intended for capital expenditure in various infrastructure projects, including airports, data centers, and green hydrogen, as the conglomerate continues its aggressive expansion.

Reliance Industries Hits Fresh 52-Week High on Bullish Analyst Outlook

• Shares of Reliance Industries surged to a new 52-week high of ₹1,560 on November 25, 2025, buoyed by positive sentiment and analyst upgrades.
• Brokerages like JPMorgan and UBS have reiterated 'buy' ratings, citing strong refining margins, momentum in the retail and telecom businesses, and potential value-unlocking triggers like the much-anticipated Jio IPO.

JK Lakshmi Cement Announces Major Capacity Expansion in Chhattisgarh

• JK Lakshmi Cement will invest ₹1,816 crore to expand its manufacturing capacity in Chhattisgarh, aiming to strengthen its market position in Central and Eastern India.
• The expansion includes increasing clinker production by 2.31 million tonnes per annum (MTPA) and cement grinding capacity by 1.2 MTPA.

Tata Chemicals to Invest ₹910 Crore in Soda Ash and Silica Production

• Tata Chemicals has earmarked a ₹910 crore investment to expand its soda ash and specialty silica capacities to meet growing market demand.
• The plan involves adding 350 KTPA of dense soda ash at its Mithapur facility and 50 KTPA of precipitated silica at its Cuddalore plant, which will be financed through internal accruals and other funding sources.

Trident Group Unveils ₹2,000 Crore Expansion Plan in Punjab

• Textile major Trident Group has announced a significant ₹2,000 crore investment to expand its production capacities and modernize operations in Punjab.
• The investment will focus on increasing terry towel production and upgrading paper manufacturing facilities in Barnala, alongside setting up a new corporate office and capacity-building center in Mohali, expected to create around 2,000 jobs.

Promoter of ASK Automotive Offloads 4% Stake in Bulk Deal

• Kuldip Singh Rathee, a promoter of ASK Automotive, sold 78.85 lakh shares, equivalent to a 4% stake in the company, for ₹373 crore in a bulk deal on the NSE.
• SBI Mutual Fund was one of the buyers in this significant transaction.

Bharti Airtel Promoter Entity to Sell 0.56% Stake via Block Deal

• Indian Continent Investment Ltd (ICIL), a promoter entity of Bharti Airtel, is set to sell approximately 3.43 crore shares, representing a 0.56% stake, in a block deal valued at around ₹7,191 crore.
• The floor price for the deal has been set at a discount to the current market price, and the sale will reduce the promoter entity's holding in the telecom major.

Adani Group Reports Record Half-Yearly Capex and Strong Earnings

• The Adani Group announced its highest-ever half-yearly capital expenditure in H1 FY26, with a total asset base reaching ₹6.77 lakh crore.
• The group's EBITDA for the period stood at ₹47,375 crore, primarily driven by its core infrastructure and utilities businesses, while its gross debt increased to ₹3.36 lakh crore.